401(k) · DOL Form 5500 · 2022
New York Life Insurance Company 401(k) Plan
Data updated 2026-08-06
- $4.1B
- Total assets
- 12,370
- Participants
- 100th
- Percentile by assets
- $330,720
- Avg per participant
Official DOL plan name: New York Life Insurance Company Employee Progress-Sharing Investment Plan · Sponsored by New York Life Insurance Company · New York · Finance & Insurance
$4.1B in assets, 12,370 participants
New York Life Insurance Company's New York Life Insurance Company Employee Progress-Sharing Investment Plan reported $4.1B in total assets and 12,370 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 100th percentile by assets (of 139,258 plans)
- #9,216 in Finance & Insurance (9,267 peers)
Coverage in New York
New York Life Insurance Company Employee Progress-Sharing Investment Plan covers 12,370 participants in New York, 16x the typical New York plan (state average ~795 per filing). Assets: $4.1B.
- $4.1B
- total plan assets (2022 EOY)
- 12,370
- covered participants
- 100th
- percentile by assets (of 139,258 plans)
- $330,720
- avg assets per participant
The plan reported a net loss of $321M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs New York filers
In New York, the average filing covers about 795 participants across 8,491 plans. New York Life Insurance Company Employee Progress-Sharing Investment Plan reports 12,370 participants - 16x that state average ($4.1B EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $4.4B |
|---|---|
| Net Assets (End of Year) | $4.1B |
| Net Income | -$321M |
| Employer EIN | 135582869 |
| Plan Effective Date | 1969-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (New York Life Insurance Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 36,622 | $8.1B |
| 2023 | 4 | 44,938 | $12.9B |
| 2024 | 4 | 45,855 | $13.3B |
Nearby 401(k) Plans in New York
Peer 401(k) plans, same state, same plan type, ranked by total assets.
New York Life Insurance Company Employee Progress-Sharing Investment Plan vs. nearby 401(k) plans in New York, assets vs. participants
- IBM 401 (K) Plus Plan $53.4B · 56,376
- Morgan Stanley 401(k) Plan $16.4B · 42,924
- The Pepsico Savings Plan $12.1B · 129,846
- Deloitte 401(k) Plan $11.0B · 74,687
- The Goldman Sachs 401(k) Plan $9.7B · 22,650
Scale composition for New York Life Insurance Company Employee Progress-Sharing Investment Plan
New York Life Insurance Company Employee Progress-Sharing Investment Plan reports $4.1B in end-of-year assets across 12,370 participants (0.035% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.014% of 89,805,449 covered participants) - about $330,720 per participant (2.4x the national average assets-per-participant) . Net income for plan year 2022 was -$321M.
This plan identity (EIN 135582869, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.1B to $5.0B (+21.9%) while covered participants moved from 12,370 to 12,949 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,370 | $4.1B | This page |
| 2023 | 12,759 | $4.6B | Open filing |
| 2024 · index core | 12,949 | $5.0B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- New York Life Insurance Company Employee Progress Sharing Investment Plan (401(k), $5.0B, 12,949 participants)
- New York Life Insurance Company Pension Plan (Defined Benefit (Pension), $4.0B, 9,376 participants)
- Nylic Retirement Plan (Defined Benefit (Pension), $3.1B, 12,292 participants)
- New York Life Insurance Company Agents Progress- Sharing Investment Plan (401(k), $1.2B, 11,238 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to New York Life Insurance Company Employee Progress-Sharing Investment Plan by total assets, not by location.
- Farmers Group, Inc. 401(k) Savings Plan (CA) $4.1B · 22,423
- Td 401(k) Retirement Plan (ME) $4.1B · 26,725
- Schneider Electric 401(k) Plan (IL) $4.1B · 16,201
- Applied Materials, Inc. Employee Savings & Retirement Plan (CA) $4.1B · 12,050
Frequently Asked Questions
How did New York Life Insurance Company Employee Progress-Sharing Investment Plan assets move in 2022? ▼
How have New York Life Insurance Company plan assets changed over time? ▼
Where does New York Life Insurance Company Employee Progress-Sharing Investment Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to New York Life Insurance Company Employee Progress-Sharing Investment Plan? ▼
Next read for New York Life Insurance Company Employee…
Filing takeaways
Ways to act on New York Life Insurance Company Employee Progress-Sharing Investment Plan's numbers.
- By total assets, New York Life Insurance Company Employee Progress-Sharing Investment Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
- New York Life Insurance Company's sponsor-wide assets have grown 63.2% since 2022 across 3 plan years on file. More Finance & Insurance plans